Bahri welcomes new vessel

Vessels sixth from six contracted at Hyundai MIPO.
NEWS

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The National Shipping Company of Saudi Arabia, Bahri, says it has received a new 26,000-dwt vessel specialised in general cargo.

The ship, named Bahri Yanbu, was built by Hyundai MIPO in South Korea.

This is the sixth vessel delivered from the six vessels that were contracted by Bahri with this shipyard in 2011.

The financial impact of the delivered vessel on Bahri’s revenue will materialise during the second quarter of 2014G.

Bahri says the delivery of the sixth vessel enables it to complete its strategic plan to expand in the general cargo sector through replacing the four aged RoRo vessels with six new vessels.

Bahri had the vessels constructed with specialised capability in carrying general and projects cargo and RoRo cargo.

The vessels are equipped with heavy lift cranes with a ramp which can handle up to 250 tons, in addition to designated areas specialised for carrying containers.

Bahri says that despite that the deadweight of those vessels are less than the old vessels, those new vessels have better capacity utilisation aspects and lower fuel consumption.

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